#ETHCrossed2500 O Ethereum is at a crucial moment, and its trajectory will depend on several factors, including institutional demand, market sentiment, and macroeconomic conditions.
Currently, ETH is trading at $2,512.57 USDT, with an increase of 5.46%. If it manages to consolidate above $2,500, it could pave the way for new highs, especially if trading volume remains strong and technical indicators support this trend.
The RSI is at 49.88, indicating a balance between buyers and sellers, with no clear signs of overbought or oversold conditions. Additionally, the EMA moving averages of 7, 25, and 99 can help identify whether the price will continue its upward trend or face resistance.
What do you think:
Will ETH consolidate in this range for a while?
Will it reach a new ATH?
Or will it correct soon and stabilize below these prices?